6371 Stock Overview
Tsubakimoto Chain Co. manufactures and sells materials handling systems, automotive parts, chains, and power transmission units and components.
No risks detected for 6371 from our risk checks.
Tsubakimoto Chain Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥3,110.00|
|52 Week High||JP¥3,545.00|
|52 Week Low||JP¥2,846.00|
|1 Month Change||-2.36%|
|3 Month Change||2.47%|
|1 Year Change||-11.65%|
|3 Year Change||-8.12%|
|5 Year Change||-32.46%|
|Change since IPO||-24.97%|
Recent News & Updates
|6371||JP Machinery||JP Market|
Return vs Industry: 6371 exceeded the JP Machinery industry which returned -15.3% over the past year.
Return vs Market: 6371 underperformed the JP Market which returned -8.8% over the past year.
|6371 Average Weekly Movement||3.0%|
|Machinery Industry Average Movement||3.5%|
|Market Average Movement||3.5%|
|10% most volatile stocks in JP Market||7.4%|
|10% least volatile stocks in JP Market||1.8%|
Stable Share Price: 6371 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 6371's weekly volatility (3%) has been stable over the past year.
About the Company
Tsubakimoto Chain Co. manufactures and sells materials handling systems, automotive parts, chains, and power transmission units and components. The company operates through Chain Operations, Motion Control Operations, Mobility Operations, and Materials Handling Operations segments. Its power transmission products include drive, conveyor, and top chains; and hose and cable carrier systems, reducers, high speed lifters, linear actuators, sprockets/pin gear drives, timing belts and pulleys, locking devices, shaft couplings, clutches, electrical controllers, and mechanical protectors.
Tsubakimoto Chain Fundamentals Summary
|6371 fundamental statistics|
Is 6371 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6371 income statement (TTM)|
|Cost of Revenue||JP¥158.74b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 31, 2022
|Earnings per share (EPS)||401.35|
|Net Profit Margin||6.65%|
How did 6371 perform over the long term?See historical performance and comparison
4.2%Current Dividend Yield
Does 6371 pay a reliable dividends?See 6371 dividend history and benchmarks
|Tsubakimoto Chain dividend dates|
|Ex Dividend Date||Sep 29 2022|
|Dividend Pay Date||Dec 02 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||65 days|
Does 6371 pay a reliable dividends?See 6371 dividend history and benchmarks
Is 6371 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 6371?
Other financial metrics that can be useful for relative valuation.
|What is 6371's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 6371's PE Ratio compare to its peers?
|6371 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
6135 Makino Milling Machine
6371 Tsubakimoto Chain
Price-To-Earnings vs Peers: 6371 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (22.3x).
Price to Earnings Ratio vs Industry
How does 6371's PE Ratio compare vs other companies in the JP Machinery Industry?
Price-To-Earnings vs Industry: 6371 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the JP Machinery industry average (10.3x)
Price to Earnings Ratio vs Fair Ratio
What is 6371's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.7x|
|Fair PE Ratio||9.8x|
Price-To-Earnings vs Fair Ratio: 6371 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the estimated Fair Price-To-Earnings Ratio (9.8x).
Share Price vs Fair Value
What is the Fair Price of 6371 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6371 (¥3110) is trading below our estimate of fair value (¥8758.1)
Significantly Below Fair Value: 6371 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Tsubakimoto Chain forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6371's forecast earnings growth (1.3% per year) is above the savings rate (0.04%).
Earnings vs Market: 6371's earnings (1.3% per year) are forecast to grow slower than the JP market (8.5% per year).
High Growth Earnings: 6371's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6371's revenue (3.2% per year) is forecast to grow slower than the JP market (4.2% per year).
High Growth Revenue: 6371's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6371's Return on Equity is forecast to be low in 3 years time (6.2%).
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How has Tsubakimoto Chain performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6371 has high quality earnings.
Growing Profit Margin: 6371's current net profit margins (6.6%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: 6371's earnings have declined by 6.5% per year over the past 5 years.
Accelerating Growth: 6371's earnings growth over the past year (35.9%) exceeds its 5-year average (-6.5% per year).
Earnings vs Industry: 6371 earnings growth over the past year (35.9%) exceeded the Machinery industry 24.4%.
Return on Equity
High ROE: 6371's Return on Equity (6.8%) is considered low.
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How is Tsubakimoto Chain's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6371's short term assets (¥169.3B) exceed its short term liabilities (¥62.8B).
Long Term Liabilities: 6371's short term assets (¥169.3B) exceed its long term liabilities (¥55.6B).
Debt to Equity History and Analysis
Debt Level: 6371 has more cash than its total debt.
Reducing Debt: 6371's debt to equity ratio has reduced from 21.7% to 16.1% over the past 5 years.
Debt Coverage: 6371's debt is well covered by operating cash flow (59.4%).
Interest Coverage: 6371 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Tsubakimoto Chain current dividend yield, its reliability and sustainability?
Dividend Score 6/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Tsubakimoto Chain Dividend Yield vs Market|
|Company (Tsubakimoto Chain)||4.2%|
|Market Bottom 25% (JP)||1.7%|
|Market Top 25% (JP)||3.7%|
|Industry Average (Machinery)||2.4%|
|Analyst forecast in 3 Years (Tsubakimoto Chain)||4.3%|
Notable Dividend: 6371's dividend (4.18%) is higher than the bottom 25% of dividend payers in the JP market (1.66%).
High Dividend: 6371's dividend (4.18%) is in the top 25% of dividend payers in the JP market (3.73%)
Stability and Growth of Payments
Stable Dividend: 6371's dividends per share have been stable in the past 10 years.
Growing Dividend: 6371's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), 6371's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37%), 6371's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Yasushi Ohara serves as Chairman, Chief Executive Officer and Representative Director at Tsubakimoto Chain Co since June 29, 2021 and was its President and Chief Operations Officer until June 29, 2021....
Experienced Management: 6371's management team is considered experienced (2.7 years average tenure).
Experienced Board: 6371's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
|Employee Share Scheme||1,563,000||4.2%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Tsubakimoto Chain Co.'s employee growth, exchange listings and data sources
- Name: Tsubakimoto Chain Co.
- Ticker: 6371
- Exchange: TSE
- Founded: 1917
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: JP¥114.015b
- Shares outstanding: 37.02m
- Website: https://tsubakimoto.com
Number of Employees
- Tsubakimoto Chain Co.
- Nakanoshima Mitsui Building
- 6th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|6371||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Jan 1992|
|TSB||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.